World Bank Admits It Ignored Its Own Rules Designed To Protect The Poor


By Ben Hallman |The Huffington Post

March 5, 2015

 

World Bank Group President Jim Yong Kim

World Bank Group President Jim Yong Kim

 

The World Bank, created to fight poverty, has admitted that it’s failed to follow its own rules for protecting the poor people swept aside by dams, roads and other big projects it bankrolls.

This conclusion, announced by the bank on Wednesday, amounts to a reversal of its previous efforts to downplay concerns raised by human rights activists and others working on behalf of the dispossessed — people evicted from their land, sometimes in violent ways, to make way for World Bank-financed initiatives.

It comes days after the International Consortium of Investigative Journalists and The Huffington Post informed bank officials that the news outlets had found “systemic gaps” in the bank’s protections for people who lose homes or jobs because of development projects.

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